Fannie Mae has announced that it will start requiring a second credit report just prior to closing a mortgage. What does this mean to you, the consumer? When you apply for a home loan, the investor requires a tri-merge credit report with your mid-score being, at present, at 640 or above. The higher your credit [...]
Source: http://www.homemortgagenewsblog.net/fannie-mae-and-a-second-credit-report.html
housing recovery short sale approval refinancing mortgage
No comments:
Post a Comment